Allspring Global Investments Holdings LLC Purchases 3,603 Shares of Nomura Holdings, Inc. (NYSE:NMR)

Allspring Global Investments Holdings LLC lifted its stake in Nomura Holdings, Inc. (NYSE:NMR) by 7.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,952 shares of the financial services provider’s stock after acquiring an additional 3,603 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Nomura were worth $298,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. R Squared Ltd bought a new position in shares of Nomura in the fourth quarter worth approximately $26,000. Wilmington Savings Fund Society FSB purchased a new position in Nomura in the 3rd quarter worth about $25,000. Adero Partners LLC purchased a new stake in shares of Nomura in the fourth quarter valued at approximately $59,000. Savant Capital LLC purchased a new stake in Nomura in the fourth quarter worth about $59,000. Finally, Catalytic Wealth RIA LLC purchased a new stake in Nomura during the third quarter worth $59,000. 15.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Nomura from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th.

Nomura Stock Up 1.0 %

NMR stock opened at $6.56 on Wednesday. The company has a debt-to-equity ratio of 7.52, a current ratio of 1.17 and a quick ratio of 1.11. The firm’s fifty day simple moving average is $6.17 and its 200-day simple moving average is $5.81. Nomura Holdings, Inc. has a 12 month low of $4.66 and a 12 month high of $6.99. The company has a market capitalization of $19.47 billion, a P/E ratio of 9.36, a price-to-earnings-growth ratio of 0.30 and a beta of 0.66.

Nomura (NYSE:NMR) last released its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.08. Nomura had a return on equity of 9.19% and a net margin of 7.96%. As a group, equities research analysts forecast that Nomura Holdings, Inc. will post 0.76 earnings per share for the current year.

About Nomura

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.